Did you now that Workplace Stress affects 73% of Employees?
by Reporter Sarah-Jane Tasker
Most Australian workers are stressed at work and many believe their employers had the responsibility to combat the issue, in an emerging trend driven by millennials.
A new workplace survey has revealed 73 per cent of workers are stressed about work and stressed workers are 2½ times more likely to look for a new job in the next year than those who are not stressed.
The survey also shows 85 per cent of workers believed it was the employers’ responsibility to create an environment that addressed stress in the workplace.
The elements that employees believe have the most negative impact on wellbeing in the workplace are unrealistic workload expectations (48 per cent), job insecurity (41 per cent) and low team morale (38 per cent). Lead researcher Lindsay McMillan said the results were a wake-up call for Australian businesses and employers needed strategies to address the issue.
He says the results revealed generation Y was more stressed in all areas of their life than generation X and baby boomers.
“Millennials are the ones driving the underlying direction of the way people work in the future,” he points out.
McMillan says workers are increasingly starting to think, “there has to be a better way than driving myself into the ground through stress and technology”.
The survey shows workers are most likely to be stressed about finances (75 per cent), work (73 per cent) and health and fitness (61 per cent).
The survey, Workplace Wellbeing, was conducted by not-for-profit HR thin tank Reventure, which McMillan heads.
He says Reventure looked at a snapshot of the Australian workplace in 2016 and found 49 per cent of workers would be looking for another job during that year.
“That is very significant. That says there is a serious churn factor in the Australian workplace,” he says.
McMillan says it is clear tension and stress in the modern workplace are real.
Having interviewed 50 chief executives globally, there seems no doubt CEOs want to do the best by their employees but many do not know how to go about it.
One leader says his company is good at wellbeing because it offers free gym memberships and provides fruit baskets.
Around 43 per cent of Australian businesses have a wellbeing program and McMillan says the evidence suggests those with a program have more engaged employees.
“People who have experienced a wellbeing program will stay, while people who leave will look for a job that has a wellbeing program embedded in its organisation,” he says.
“The decision makers need to understand that engagement is key because that underpins performance and productivity.”
The survey also highlights the elements workers believe contribute most to workplace wellbeing. The top three elements on the list are: a pleasant work environment (44 per cent), flexible work hours (36 per cent) and realistic work expectations (36 per cent).
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We both know what this is like, we had corporate jobs, worked ridiculous hours, commuted ridiculous journeys and sold our time for money, but also at the expense of our health.
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